CEDIS to invest EUR 81.6 million in distribution network, tendering expected by end-October
Tendering for the selection of equipment suppliers and contractors for a project worth EUR 81.6 million to revitalize the Montenegrin power distribution network is expected by the end of October, while the start of the works is planned for February next year. The investments will be implemented by the Montenegrin distribution system operator (DSO), Crnogorski elektrodistributivni […]
Deals signed to build two more biomass-fueled CHP plants in Croatia
Two more biomass-fueled combined heat and power (CHP) plants are to be built in Croatia, according to an announcement from a subcontractor on the distributed production project. The biomass-fueled CHP plants will be built in Županja in the east of Croatia, close to the border with Bosnia and Herzegovina, and Virovitica near the Hungarian border. […]
Bulgaria’s NEK reports net loss in H1, to cancel some projects
Power utility Natsionalna Elektricheska Kompania (NEK) reported a BGN 74 million (EUR 37.8 million) net loss for the first six months of the year, according to the interim financial report published on the website of the Ministry of Finance, the Bulgarian media reported. The company said that due to poor financial results some investments will […]
Nord Pool, EPEX SPOT interested in strategic partnership with Montenegrin power exchange
Nord Pool and EPEX SPOT are interested in getting stakes in the Montenegrin Power Exchange (MEPX), which is starting preparations for a tendering procedure to select a strategic partner, with plans to launch operations in the third quarter of 2019, the Montenegrin government has said on its website. A document on regional energy market integration […]
Albania invites bids to build 50 MW PV power station with support measures, plus up to 50 MW without
Albania’s Ministry of Infrastructure and Energy has launched a bidding procedure for the construction of a solar photovoltaic (PV) plant for the generation of electricity with an installed capacity of 50 MW, to be backed by support measures approved by the government on June 12, 2018, plus an additional capacity of between 20 MW and […]
Litostroj, ABB to modernize HPP Piva
Power utility Elektroprivreda Crne Gore (EPCG) and a consortium of Slovenia’s Litostroj and Italy’s ABB JV have signed a contract on a EUR 10.3 million reconstruction and modernization of the Piva hydropower plant (HPP), the Montenegrin company said. The contract, which will be financed by German development bank KfW with EUR 8.5 million and from […]
ERS posts EUR 28.6 million profit in H1, presses ahead with HPP, small HPP, wind park projects
Elektroprivreda Republike Srpske (ERS) reported a EUR 28.6 million profit in the first half of 2018, acting General Manager Radmila Čičković has told Srna, local media reported. All production and distribution units of ERS, the power utility of Bosnian Serb entity Republika Srpska, except the Gacko coal mining and thermal power plant complex, operated in […]
Slovenia’s Riko to build EUR 10 million solar power plant in Ukraine
Slovenian engineering company Riko will build a 10.6 MW solar power plant near Zhytomyr in northern Ukraine, local media reported. The company won a tender for the EUR 10 million project. The contract on the construction of the solar power plant was signed by Zhytomyr Mayor Serhiy Sukhomlin and Riko CEO Janez Škrabec. The Slovenian […]